For Romania, the shift from monetary targeting toward inflation targeting was done under the influences of following events: - The existing pressure coming from refinancing the public debt and from the necessity to remain in certain boundary with the budgetary deficit. - NBR assigned monetary control and liquidity management functions on the mechanism of minimum required reserves. - Romanian strategy was deeply hurt by the low development of its financial markets, and the low level of monetization. - A precondition of potential success in the case of inflation targeting was fulfilled - the improvement of taxes collection and the reduction of money laundry. - The important amounts of quantitative increases in Foreign Direct Investment (...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
Using the most important criteria that should be taken into account when a monetary policy strategy ...
Romania’s overall economic performance during the first ten years of transition can be termed so far...
For Romania, the shift from monetary targeting toward inflation targeting was done under the influen...
Resume: The lack of historic capitalism experience, the delays of governmental legislative and econo...
After the 80’s, a lot of central banks have shifted from the evolution of the monetary aggregates ...
Disinflation has been pursued successfully in Romania in recent years. Inflation came down from over...
Romania's overall economic performance during the first ten years of transition can be termed so far...
With a view of enhancing disinflation inflation targeting (IT) was introduced in Romania in mid-2005...
In the context of sovereign debt crisis in Europe, a crisis entirely felt also in the direct relatio...
As a result of joining the global trend of the monetary policy modernization, Romania has adopted th...
Of all the current macroeconomic imbalances, the inflationary phenomenon is one of the most difficul...
Taking into consideration the necessity of stabilising the inflation rate at a level consistent with...
The main goal of Romanian monetary authorities at this point is to maintain the inflation rate in th...
The present-day economic and financial crisis (depression) appears unprecedented in the last half ce...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
Using the most important criteria that should be taken into account when a monetary policy strategy ...
Romania’s overall economic performance during the first ten years of transition can be termed so far...
For Romania, the shift from monetary targeting toward inflation targeting was done under the influen...
Resume: The lack of historic capitalism experience, the delays of governmental legislative and econo...
After the 80’s, a lot of central banks have shifted from the evolution of the monetary aggregates ...
Disinflation has been pursued successfully in Romania in recent years. Inflation came down from over...
Romania's overall economic performance during the first ten years of transition can be termed so far...
With a view of enhancing disinflation inflation targeting (IT) was introduced in Romania in mid-2005...
In the context of sovereign debt crisis in Europe, a crisis entirely felt also in the direct relatio...
As a result of joining the global trend of the monetary policy modernization, Romania has adopted th...
Of all the current macroeconomic imbalances, the inflationary phenomenon is one of the most difficul...
Taking into consideration the necessity of stabilising the inflation rate at a level consistent with...
The main goal of Romanian monetary authorities at this point is to maintain the inflation rate in th...
The present-day economic and financial crisis (depression) appears unprecedented in the last half ce...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
Using the most important criteria that should be taken into account when a monetary policy strategy ...
Romania’s overall economic performance during the first ten years of transition can be termed so far...